Market Intelligence Report — TN-660

McMinnville, TN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-TN-08
As of the latest 2026 data
Cooling

Median Listing

$350K
+6.3% YoY

Pending Ratio

0.30
+1.3% YoY

Active Inventory

214
-11.2% YoY

Median DOM

71 Days
+4.4% YoY

Primary Intelligence Tool — Sold Score™

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The McMinnville, TN market is currently Cooling, indicated by a pending ratio of 0.30. Despite a year-over-year increase in median listing price of 6.3%, demand absorption remains limited relative to available supply.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the McMinnville market right now.

Active listings have contracted by 11.2% year-over-year, while new listings also saw a 5.9% decline over the past year. The median days on market increased by 4.4% year-over-year, reaching 71 days. Concurrently, the pending ratio registered a slight year-over-year increase of 1.3 percentage points, yet remains at a level indicative of subdued demand. The share of price-reduced properties decreased by 2.2 percentage points year-over-year.

Historical Analysis

Market Trends

Median Price

$350K+3.2% MoM

Active Inventory

214-11.2% YoY

Days on Market

71+4.4% YoY

Sold Score™

44+1.3% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

44
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.30, the market suggests that demand absorption is not pressuring available inventory significantly. The longer median days on market further indicates that properties require more time to transact. This environment necessitates price discipline from sellers and offers more opportunity for buyers to negotiate terms.

Luxury Segment

The average listing price increased by 11.3% year-over-year, outpacing the 6.3% growth in the median listing price, suggesting some variability in price dynamics across different tiers. However, with median $/sqft up 2.1% year-over-year, there is no distinct signal of broad luxury-segment softness in this dataset.

Supply Dynamics

214 active listings represent the current floor, with new supply arriving at roughly 64 per month.

Pricing Pressure
22.8%

of active listings carry a price reduction, -2.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.1% year-over-year.

Absorption
0.30

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in McMinnville, TN? Homes here are taking 3 days longer to sell than last year.

Buyers have leverage in McMinnville, TN. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
30%
Median Days on Market
71 days
Inventory YoY
−11%

In a buyer's market, strategy beats timing. See how your home scores in McMinnville, TN and what moves the number.

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Metro Demographics

Metro Area
McMinnville, TN
CBSA Code
32660
State
TN
Analysis FAQ
  • What is the current market condition in McMinnville?+

    As of the latest 2026 data, the McMinnville metro is classified as Cooling. Pending ratio is 0.30 with median days on market at 71.

  • Are home prices dropping in McMinnville?+

    Median listing price is $350K, +6.3% year over year. 22.8% of active listings carry a price reduction.

  • How fast are homes selling in McMinnville?+

    The typical listing sits 71 days on market, a +4.4% change YoY. New listings are arriving at 64 per month.

  • What's happening in the McMinnville luxury market?+

    The average listing price increased by 11.3% year-over-year, outpacing the 6.3% growth in the median listing price, suggesting some variability in price dynamics across different tiers. However, with median $/sqft up 2.1% year-over-year, there is no distinct signal of broad luxury-segment softness in this dataset.

  • Where can I find a trusted McMinnville real estate expert?+

    Primpted maintains a vetted registry of McMinnville agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 32660 · 36mo history